You can currently utilize Plastiq’s Bill Payment Services for a 1.5% fee when you use your MasterCard credit card to pay your bills. All you have to do is schedule 3 monthly mortgage payments via your Mastercard. Keep in mind that the standard fee is 2.5% so it is a seemingly significant difference. This is possible historically the lowest interest introduced by Plastiq.
Plastiq users have reported that they received 2.0% on their Mortgage and association fees however, Car payments were charged at a standard 2.5%, we’d appreciate it if you let us know how this promotion is applied for you! Again, this is only for those with an available MasterCard linked to their Plastiq account.
Editor’s Note: This is a targeted promotion for lesser fees. YMMV may be applicable. It may be most with a pre-existing Mastercard linked to their accounts are the individuals being targeted for this offer… Other than that, I’m not too familiar why not all Plastiq users aren’t being targeted.
So you’ll be paying the regular 2.5% fee at the time of your transaction and you’ll have the 1% rebated. Completely different from how previous promotions worked. The rebate will be mailed back to you on the credit card used for the payment. Note that using Fee-Free-Dollars for this promotion will only earn you partial rebate, not a full 1% rebate, so stacking this promotion with Fee Free Dollars is out of the question.
Key Features:
- MasterCard- 1.5% service fees for participating.
- Visa – 2.5% service fee for payments using a Visa card (standard rate)
- American Express – 2.5% service fee for payments using a AMEX card (standard rate)
How To Earn Plastiq Rate:
- Schedule 3 or more monthly mortgage payments by checking the box next to recurring.
- Use a Mastercard.
- Set up the first 3 payments so they are set to process between September 5, 2017 and December 31, 2017.
- Look for a notification of eligibility on the payment review screen.
Final Analysis:
MasterCard Credit Cardholders, you may be eligible for a 1.50% service fee for a linked MasterCard to your Plastiq accounts. All you have to do is schedule out 3 or more monthly mortgage payments utilizing your Mastercard between September 5, 2017 and December 31, 2017. You can earn up to $200 back in rebate, however, if you choose to link a VISA, AMEX, or Discover network card instead… You should expect the standard fee of 2.5%. Could be some interesting rebate with a Barclaycard Arrival PlusTM World Elite Mastercard®. Don’t forget to check out our full list of Credit Card Bonuses if you’re not interested at the moment.
